Currently, XRP shows a fluctuating downward trend in the 1-hour chart, with the price falling from 2.6450 to 2.2421. In the KDJ indicator, K value is 26.93, D value is 37.97, and J value is 4.87, with the J line touching the bottom oversold zone, indicating potential short-term rebound momentum; in the MACD indicator, DIF (-0.0309) and DEA (-0.0261) are both below the zero axis, and the histogram is negative, maintaining a short positions dominant pattern. Overall, although the KDJ oversold releases short-term repair signals, the MACD weakness continues, and caution is needed for a continuation of the downward trend after a rebound.


xrp trading strategy: Rebound near 2.2573-2.3017 for short positions, looking down to 2.1309
XRP-0.41%
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